RE:RE:RE:Cash Starving Kakwa in 2024I just need to keep reminding myself how bad things really are with the ARX management. It just doesn't make any sense to me what this rookie management team does quarter after quarter. The reason there is no tuck in acquistion is because of the poor evaluation given to the company. All this hoopla about sunrise, and all the capital, and the CF contribution is insignificant.
55% of their capital into a juristiction that is high risk, and eventually the natives will shut them down.
Worst manage company in Oil + Gas.
IMHO
I bought ARX when is was selling off, and sold it few days later, no something that is worth a long term hold, nothing will happen here that you don't hear about years in advance. My advice buy the dips and sell immediately.
IMHO